NORTHRIM BANCORP INC — Director's Dealing 2021

Dec 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NORTHRIM BANCORP INC (NRIM)
CIK: 0001163370
Period of Report: 2021-12-01

Reporting Person: SCHIERHORN JOSEPH M (Director, President, CEO, and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-01	Common Stock	A	1444	$42.02	Acquired	36549	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-01	Nso Employee Stock Option (Right to Buy)	$42.02	A	5908	Acquired	2031-12-01	Common Stock (5908.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8436	Indirect

Footnotes

F1: The reporting person's interest in the Northrim Stock Fund of the Northrim Bank Savings Incentive Plan (the "Plan") is held in the form of units of interest. The Plan's administrator calculates the number of shares of issuer common stock represented by units in the Northrim Stock Fund.

F2: One-third of the total amount of such options granted shall vest (ie. become exercisable) each year beginning with this date.